Disclosure pursuant to Regulation 30 of LODR

October 05, 2026 The Officer-In-Charge (Listing) Head - Listing Operations, Listing Department BSE Limited, National Stock Exchange of India Ltd., P.J. Towers, Dalal Street, Fort, Exchange Plaza, Bandra Kurla Complex, Mumbai – 400 001 Bandra (East), Mumbai - 400 051 Scrip Code: 538962 Scrip Code: MINDACORP Sub: Disclosure under Regulation 30 and other applicable provisions of SEBI Listing Regulations Dear Sir/Madam, Pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), and in continuation to our earlier letter dated August 13, 2026, we would like to inform you that Minda Corporation Limited (“MCL”/ “Company”) has acquired additional 1,80,00,000 (One Crore Eighty Lakh) Equity Shares of the face value of Rs. 10/- (Rupees Ten) each for an amount aggregating to Rs. 18,00,00,000/-(Rupees Eighteen Crore Only) on October 05, 2026 in Spark Minda-Toyodenso India Private Limited, subsidiary of MCL, pursuant to the Rights Issue. The relevant details pertaining to the above as required under Regulation 30 of the SEBI Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 (“SEBI Circular”) are enclosed herewith as Annexure - A. The above information will also be made available on the website of the Company www.sparkminda.com. Kindly take the same on record. For Minda Corporation Limited Meenal Bansal Company Secretary & Compliance Officer Membership No. A35091 Encl: a/a Annexure-I Disclosure as required under Regulation 30 of the SEBI Listing Regulations read with SEBI Circular in relation to acquisition of additional equity shares in Spark Minda-Toyodenso India Private Limited Sr. No Particulars Information 1. Name of the Target Entity, details in Spark Minda-Toyodenso India Private Limited is a brief such as size, turnover etc. subsidiary Company of Minda Corporation Limited CIN: U30913DL2025PTC453641 Total Income for FY 2025-26 is: Rs. 83 lacs 2. Whether the acquisition would fall Spark Minda-Toyodenso India Private Limited is a within related party transaction(s) and subsidiary of the Company and is therefore whether the promoter/ promoter group/ categorized as Related Party of the Company. group companies have any interest in However, the acquisition of additional equity shares the entity being acquired? If yes, nature of in Spark Minda-Toyodenso India Private Limited interest Save and except what is (Subsidiary Company), pursuant to the Rights Issue, mentioned and details thereof and does not fall within related party transactions as per whether the same above, is done at the provisions of the Companies Act, 2013 and the “arm's length” SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. 3. Industry to which the entity being Automotive Parts & Components acquired belongs 4. Objects and impact of acquisition To support the growing operational and capital (including but not limited to, disclosure of expenditure requirements of the business of Subsidiary reasons for acquisition of target entity, if Company. The subsidiary company is engaged in the its business is outside the main line of manufacturing and selling of advanced Automotive business of the listed entity) Switches. 5. Brief details of any governmental or Not Applicable regulatory approvals required for the acquisition 6. Indicative time-period for completion The aforesaid acquisition has been completed on of the acquisition October 05, 2026 7. Nature of consideration - whether cash The consideration for acquisition of the additional consideration or share swap and details equity shares in the Subsidiary Company has been of the same paid in the form of cash through normal banking channel. 8. Cost of acquisition or the price at which Rs. 18 Crores (1.8 Crores Equity Shares of Rs. 10 each) the shares are acquired for cash at par. 9. Percentage of shareholding / control Minda Corporation Limited holds 60% equity Shares acquired and/or number of shares of Spark Minda-Toyodenso India Private Limited. acquired The Company has further acquired 1.8 Crore Equity Shares pursuant to the Rights Issue (in the same ratio), resulting in no change to the ultimate shareholding of the Company in Spark Minda- Toyodenso India Private Limited, which remains at 60%. 10. Brief background about the entity Brief background: acquired in terms of products/line of Spark Minda-Toyodenso India Private Limited, business acquired, date of incorporated in India on August 21, 2025, under the incorporation, history of last 3 years provision of Companies Act 2013, is a joint venture turnover, country in which the acquired between Minda Corporation Limited and Toyo Denso entity has presence and any other Co., Ltd., Japan, engaged in the manufacturing and significant information (in brief selling of advanced automotive switches and related products. Total Income: FY 2025-26: Rs. 83 lacs (from August 21 2025- March 31st 2026) FY 2024-25: Not Applicable FY 2023-24: Not Applicable